Binding Authority Underwriter
Core
Assessing and analyzing insurance risks, determining coverage terms, and building relationships with brokers to develop the book of business.
Role type
Binding Authority Underwriter
Builds
Specialty insurance products and services for retail brokerage firms
Domain
Insurance / Risk Management
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
risk assessment, underwriting guidelines application, regulatory compliance, premium rate negotiation, policy language creation, international taxation knowledge, mentorship
Preferred skills
CIC certification, CPCU certification
Technologies
N/A
Responsibilities
Review and authorize complex new business submissions and renewal risks; Evaluate risk exposure and determine appropriate underwriting decisions; Negotiate profitable binding terms and place complex risks; Assess premium adequacy and profitability; Create, maintain, and update binding authority underwriting guidelines; Coach and mentor junior binding authority underwriters
Seniority
Entry-level to Mid-level, hands-on IC